December 21, 2022
Nigeria: At 16.67%, Foreign Portfolio Investments in Stock Market Hits Over 9-Year Low
Amid 2023 political uncertainty and scarcity of foreign exchange, foreign portfolio investments in the Nigerian stock market dropped to 16.67 per cent in 11 months of 2022, the… Read more »
Nigeria: Report Highlights Port Logistics, Access to Finance As Factors Hindering Exports
For Nigeria to maximise recent reforms embarked upon by the federal government to increase the country's earnings from non-oil export, the government should improve port logistics,… Read more »
December 20, 2022
Nigeria: Buhari Transmits Finance Bill 2022 to House
President Muhammadu Buhari has transmitted Finance Bill, 2022 Read more »
Nigeria: Okupe Resigns As Labour Party Campaign DG
The Director General of Labour Party Campaign Council, Dr. Doyin Okupe, has announced his resignation from the party's campaign council over what he described as personal travails. Read more »
Nigeria: Govt Reaps $547m From 5G Spectrum Auction - Buhari
President Muhammadu Buhari has disclosed that auctioning of the 5G spectrum generated $547 million into federal government coffers. Read more »
Nigeria: Buhari Expresses Gratitude to Well-Wishers On His 80th Birthday
President Muhammadu Buhari has expressed appreciation for the many cards and well-wishes he received on his 80th birthday anniversary. Read more »
Nigeria: Ship Owners Seek Ajegunle Residents' Relocation to Upgrade Apapa Port
President of the Ship Owners Association of Nigeria, Mkgeorge Oyung, yesterday called for the relocation of the residents of Ajegunle, a suburb in Lagos, with a view to enhancing… Read more »
Nigeria: 80% of African Start-Ups Have Funding Challenges - IFC
The World Bank's private investment arm, the International Finance Corp (IFC) has said that 80 per cent of African start-ups have funding challenges which the organisation can… Read more »
Nigeria: Airlines Call for Upgrade of Airport Infrastructure to Curb Flight Delays
Domestic carriers have called for the upgrade and expansion of airport infrastructure, attributing most of flight delays to inadequate facilities like limited spaces at the airport… Read more »
Nigeria: Nigeria's Oil Rigs Count Slumps 50% in Three Years
The latest Monthly Oil Market Report (MOMR) by Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria's oil rigs count fell from 16 to eight between 2019… Read more »
December 19, 2022
Nigeria: Court Sentences Okupe to 2 Years Imprisonment With Option of N13m Fine
Justice Ijeoma Ojuwku of the Federal High Court Abuja, has sentenced, Dr Doyin Okupe, a former Senior Special Assistant (SSA) on Public Affairs to former President Goodluck… Read more »
Nigeria: Obaseki, EU Strengthen Ties, Explore Investment Opportunities in Culture, Human Capacity Devt, Others
The Edo State Governor, Mr. Godwin Obaseki, has said his government is strengthening partnership with the European Union to sustain the gains recorded by his administration in… Read more »
Nigeria: Nigeria's Debt Service-to-Revenue Ratio At 83.0% Worrisome
Following the recent disclosure by the Debt Management Office (DMO) on Nigeria's Debt stance, analysts have stressed that Nigeria's debt is at the highest level and is worrisome at… Read more »
Nigeria: NEDC Empowers 150 Youths to Bridge Nigeria's 8million Metering Gap
The North East Development Commission (NEDC) and MOMAS Group have partnered to empower 150 Nigerian youths in the North Eastern part in its bid to bridge the nation's metering gap… Read more »
December 18, 2022
Nigeria: New Edo Teaching Hospital Kicks Off With Free Medical Outreach
The Edo State University Teaching Hospital has finally kicked off a three-day free medical outreach as part of activities lined up to mark the formal takeover and upgrade of the… Read more »
Nigeria: Buhari Back in Abuja After Eight-Day Official Visit to U.S.
President Muhammadu Buhari has returned to the nation's capital, Abuja, after an eight-day official visit to Washington DC, the United States of America (USA), where he… Read more »
Nigeria: Meet the Youngest 2023 Gubernatorial Candidate in Nigeria
Many slogans have been thrown out in the name of political campaigns for inclusivity. These include Not Too Young to Run and Not Too Old to Run. Even as we all await Not Too Poor… Read more »
December 17, 2022
Nigeria: Season of Honours for Tony Elumelu, United Bank Chairperson
Charles Ajunwa writes that the entrepreneurial and managerial acumen of the Chairman of United Bank for Africa and Heirs Holdings, Mr. Tony Elumelu, attract recognitions from… Read more »
Nigeria: Nigeria and Our Broken Nationalism
GUEST COLUMNIST BYOkey Anueyiagu Read more »
December 16, 2022
Nigeria: Higher Food, Energy, Import Costs Drive Inflation to 21.47%
The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities increased to 21.47 per cent year-on-year in November, compared to 15.40 per cent… Read more »
Nigeria: Buhari Role Model for Democracy in Africa - Biden
United States President, Joe Biden, hailed President Muhammadu Buhari for his efforts to deepen democracy not only in Nigeria, but also in Africa. Read more »
Nigeria: Govt Unveils 10-Year Plan to Achieve Self-Sufficiency in Rice Production
The Minister of State for Agriculture and Rural Development, Hon. Mustapha Shehuri, yesterday launched the National Rice Development Strategy (NRDS) II, to provide a direction for… Read more »
Nigeria: 93% of African Countries Improved Their Visa Policies - Report
A new report has indicated that 93 percent of African countries have maintained or improved their visa process. Read more »
Nigeria: Nigeria, Kenya Missing From $150m Frontier Market Inflow - Analyst
An analyst at EFG Hermes Research has disclosed that Nigeria and Kenya are missing from the $150million frontier markets inflow in the last three weeks over the scarcity of foreign… Read more »
December 15, 2022
Nigeria: Terrorism, Unconstitutional Change of Govt, Climate Change Threaten Attainment of AU Agenda 2063 - Buhari
President Muhammadu Buhari has sounded a note of warning that Africa risks not attaining the goals continental leaders have set for the region by 2063 in view of challenges of… Read more »